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View Poll Results: What will Collector's Holdings do with SGC? | |||
Business as usual – SGC and PSA continue as separate companies with little change. |
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41 | 19.25% |
Invests in SGC and enhances it with new/better features – e.g. better registry. |
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39 | 18.31% |
Treats the situation as a monopoly and jacks up prices for SGC, and lengthens turnaround time. |
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29 | 13.62% |
Dissolves SGC by absorbing it into PSA and stops making SGC slabs. |
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93 | 43.66% |
Other |
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11 | 5.16% |
Voters: 213. You may not vote on this poll |
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#1
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I agree with Howard there likely was a defensive motivation as part of the equation. That said, I think you're (1) underestimating the huge revenues they would make from crossover if they eventually discontinue the brand and (2) overestimating any loss of market share. There's noplace else to go, people who want slabbed cards for the most part are going to submit to PSA in my opinion if there is no SGC per se. And I think there likely are efficiencies to be gained by folding in the SGC brand vs. inefficiencies in propping up two brands one of which is small. That said, I have no idea.
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Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ Last edited by Peter_Spaeth; 03-05-2024 at 08:26 PM. |
#2
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Inversely, SGC has intrinsic value and income stream. You can earn a return from operating it now, and likely increase that return (and PSA profits) by combining efficiencies. Buying SGC for one-time cross-over revenue is short term gain for long term pain, or maybe break even. Running SGC, which is growing, and maximizing efficiencies is a short term gain and long term gain. And, I do believe PSA will lose some market share if they shut down SGC. Those collectors, and many in prewar/vintage are collectors (vs investors) don’t care so much about the flip and will move the CGC. Hake’s has some prewar item, including to Baltimore News Cards, that look real nice in CGC flips. |
#3
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Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#4
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nostradamusbaseballcards.jpg
Look, I'm not sure if it has any bearing, but I did find this, and it might prove to be somewhat pertinent... Nostradamus Quatrain: "The younger lion, shall embrace the elder, On the field of combat, in a duel for gold; Through armor of plastic, and numbers festooned, Two big cats together, but one to die a cruel death...(the rest is written in the margins of his almanac, and it's only a loose translation) and I further prophesize that there shall be a joint registry or something, so that's cool. 2024 is going to be off-the-hook, my future homies!!!!"
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All the cool kids love my YouTube Channel:
Elm's Adventures in Cardboard Land ![]() https://www.youtube.com/@TheJollyElm Looking to trade? Here's my bucket: https://www.flickr.com/photos/152396...57685904801706 “I was such a dangerous hitter I even got intentional walks during batting practice.” Casey Stengel Spelling "Yastrzemski" correctly without needing to look it up since the 1980s. Overpaying yesterday is simply underpaying tomorrow. ![]() |
#5
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If I were PSA and having just acquired SGC - I would :
Introduce a Brand New Slab as the Brand New Standard thus forcing both camps to send in EVERYTHING they got for Regrade/Reholder That's if I were PSA
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Lonnie Nagel T206 : 220/520 : 42% |
#6
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I predict SGC will lose market share in the future.
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Leon Luckey www.luckeycards.com |
#7
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Leon, totally agree. March is a wash (the SGC news came out too late to impact) but let's see what the SGC grading numbers are for April, May, and June.
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#8
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But barring layoffs, turnaround times will improve!
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#9
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I think you're right, barring significant investments from Collectors at least.
I think CGC is well positioned to capitalize on the opportunity too, if so. Both strategically and geographically. While they're not exactly neighbors, both CGC and SGC being in Florida will surely result in at least a few disgruntled SGC graders changing teams. And once word starts to spread about SGC graders now grading vintage cards at CGC, it's only a matter of time until the market follows them as well.
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If it's not perfectly centered, I probably don't want it. |
#10
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If it's not perfectly centered, I probably don't want it. |
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